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BRIEF-Joyce Corporation updates on sale of property

Published 30/10/2015, 03:52 pm
© Reuters.  BRIEF-Joyce Corporation updates on sale of property
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Oct 30 (Reuters) - Joyce Corporation Ltd JYC.AX :

* Says accepted an extension of the settlement on the sale for $25 million of the investment property at moorebank

* Once settlement occurs, the Joyce board plan two further special dividend payments, each of five cents per share, in subsequent years

* Purchaser has agreed that interest will be paid on outstanding settlement funds until settlement

* Source text (http://bit.ly/1WlcMJd)

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